I didn't realize people can't do a 10 second google search on their own. 🙄
Net income isn't the whole story anyways, especially when this article points out that one of their costs is lobbying for a cause that isn't necessary. They're raking in billions of dollars every year.
That is misinformation. The quality disparity you're both pointing out is from streaming services compressing their media to much lower bitrates to ease bandwidth stress on their servers/clients and has nothing to do with a physical or digital medium.